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Buying & Selling Real Estate

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Ray I.
  • Rochester, NY
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20
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Roll Closing Costs in to Mortgage?

Ray I.
  • Rochester, NY
Posted Feb 25 2017, 10:32

Hello,

I am currently in the process of buying a SFR, and I noticed the closing costs were higher than I had anticipated. My lender said there is no way to roll in the closing costs, but we can ask for a maximum of 2% concessions from the seller to help cover some of the costs. Here are my questions:

1.) Is there a way to roll in the closing costs?

2.) Does this vary depending on the lender?

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